Invesco(US:IVZ) 天天基金网·2025-07-22 06:27Core Viewpoint - Global sovereign wealth funds are significantly increasing their investment interest in the Chinese market, with a notable shift in strategy towards selective investment approaches [3][4][8]. Investment Trends - Sovereign wealth funds are prioritizing emerging markets, with 59% of respondents identifying China as a high or medium priority market, marking a significant change since 2024 [3][4]. - 59% of respondents expect to increase their allocation to Chinese assets over the next five years, with 88% of Asia-Pacific sovereign funds and 73% of North American funds planning similar increases [3][4]. Investment Drivers - Attractive local returns are the primary driver for investment in China, indicating that investors find the valuation and profit potential in China more appealing compared to other markets [4]. - Diversification is the second key reason, as investors view China as a source of differentiated growth [4]. Focus Areas - The most attractive investment sectors in China include digital technology and software, advanced manufacturing and automation, and clean energy and green technology [6][8]. - Sovereign wealth funds are adopting a more cautious industry focus strategy, targeting sectors where China is expected to achieve global leadership, such as semiconductors, cloud computing, artificial intelligence, electric vehicles, and renewable energy infrastructure [8]. Investment Strategy Shift - There is a notable shift towards active investment strategies, with over 70% of sovereign wealth funds employing active strategies in fixed income and equities [9]. - 52% of sovereign wealth funds plan to increase their active equity holdings in the next two years, while 47% intend to boost active fixed income holdings [9]. - This trend is particularly pronounced among larger institutions, with 75% of sovereign funds managing over $100 billion having shifted to more active equity investment strategies in the past two years [9].